November natural gas futures were trading sharply lower at midday Wednesday after a morning swoon that followed the contract’s failure to sustain gains above key technical resistance levels.

Natural Gas Intelligence's (NGI) El Paso S Mainline/N Baja midday natural gas price graph showing historical market volatility.

Expand

Here’s the latest:

November Nymex gas futures down 17.0 cents to $3.328/MMBtu as of 2:30 p.m. ET, off a morning intraday high of $3.550